Question: 5) $1.100 Question 32 (1 point) Your video game addicted nephew tells you that the Nintendo Wii is much better than the Microsoft X -

 5) $1.100 Question 32 (1 point) Your video game addicted nephew

5) $1.100 Question 32 (1 point) Your video game addicted nephew tells you that the Nintendo Wii is much better than the Microsoft X - Box. To take advantage of this information, you decide to build a two asset portfolio by buying shares in Nintendo and selling shares short in Microsoft. For your long position you buy 1400 shares of Nintendo at a price of $40 per share. For the short position, you sell 200 shares in Microsoft at a price of $155 per share. What is the portfolio weight for your short position in Microsoft

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